Categorized | Business

Get Agressive For Passive

Posted on 19 June 2007 by DeanHunt

There is one simple truth behind each and every one of us… we all want to be rich!

Anyone who says otherwise is just a loser who is trying to kid themselves.

So the obvious question here is “how do I get rich?”.

Unfortunately this is one of the most asked question on the net, (the most asked question is: “Where can I see Angelina Jolie Naked Photos?”) ;-)

I am not going to give you one of those sales speeches designed to tempt you into buying a product or visiting a seminar, but I am going to tell you about “Passive Income” and how it could change your life.

The best way to tell you about the benefits of passive income is to show you the other side of the fence.

For me, the opposite end of the scale is freelancing. Now don’t get me wrong, I am not against freelancing, I currently am freelancing, but let’s look at the facts:

1) You get paid depending on your time

2) If you don’t work you don’t get paid

3) If you are ill you don’t get paid

4) If you want to take a month off to get a golden tan on the beaches of Hawai, you don’t get paid….

You get the picture.

So let’s look at passive income. If you are not familiar with passive income, it is essentially an income source that is automated. So for example, renting a house that you own is pretty much passive income. It is probably not the best example, as it does require some work, but generally it is passive.

A better example may be an investment in a business. If you make an investment in let’s say a web business, and each month you get $400 back, then you are essentially being paid for doing ZERO work.

Sounds pretty cool doesn’t it!

So you go to bed, you wake up richer.

You go to Hawai, you come back richer.

You are in hospital for one month, you come out richer.

etc…

Having an automated cash flow has to be the dream for the modern rich person. Also, it is far more attainable than let’s say earning $10 million.

Many people say… “I am going to find a way of earning $1 million and then I will retire young”, I say find a way of earning $3,000 per month as passive income, and you can live a millionaires lifestyle TODAY

So my advice to you is to get aggressive about passive income.

Dean

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This is a viral video from Youtube that is getting a lot of attention.

I will let the author set the scene:

It was back in Oct 2005.

My wedding was about a month to go and I decided to make a memorable event for my future wife. But, I and she were working and due to preparation of wedding, I didn’t have enough budgets for expensive proposal. While I was considering for the event, I remembered what she said in the past. “Wow it would be great if I can get a chance to go in the room with full of yellow post it just like Sang Sang Plus” (Sang Sang Plus is one of the famous talk show (TV program) in Korea and they prepare a room with full of yellow post it – questions from fans to famous celebrity)

I wrote all the happy memories that I had with my wife in 5,940 post it. It took me 4 days & 5 nights to write everything and post it in the bathroom. (I tried main living room first, but, due to surface of wallpaper, I had to change the place) Once we back from honeymoon, we took all the post it off and kept it in the box until now.

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